Examlex
The concept of restorative justice has its roots in symbolic interaction theory.
U.S. Trade Deficits
occur when the total value of goods and services the United States imports exceeds the value of what it exports.
Government Bonds
Securities issued by a government to raise funds from the public to finance its expenditure.
Government Spending Crowding Out
A situation where increased government spending leads to a reduction in private sector spending, either because of higher interest rates or because funds available for private investments are used for government projects.
Opportunity Cost
is the benefit that is missed or given up when choosing one alternative over another.
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